Completion of sale of Hastings’ international businesses to Northill Capital

26 March 2018 – Westpac Banking Corporation (ASX:WBC) (“Westpac”) has today announced completion of the sale of the international businesses of Westpac’s subsidiary Hastings Management Pty Limited (“Hastings”) to Northill Capital (“Northill”).
Hastings’ international businesses comprise all of Hastings’ activities in the United Kingdom, the United States and Singapore and include the management of a diversified portfolio of infrastructure debt and equity assets across the US, UK, Europe and Australia on behalf of a number of leading global institutional investors.